Teaneck, NJ - July 19, 2011 (Investorideas.com renewable energy/green newswire) Hudson Clean Energy Partners, a leading private equity firm focused on investing in the global renewable power, alternative fuels, energy efficiency and storage markets, announced today the appointment of Zhongmin Shen as partner. Mr. Shen will oversee Hudson's operations in China.
"China is rapidly becoming one of the world's foremost leaders in clean energy innovation and manufacturing, which is creating significant investment opportunity," said Neil Auerbach, Co-Managing Partner of Hudson Clean Energy Partners. "Zhongmin will bring an important perspective to Hudson as China's clean energy companies and financial institutions become increasingly active in the global arena."
"Zhongmin has an exceptional knowledge of the private equity and clean energy sectors in China. We're thrilled to have him join our global leadership team," said John Cavalier, Hudson Co-Managing Partner.
Mr. Shen has more than 17 years of experience in the independent power, private equity and clean energy sectors. He joins Hudson from Huaneng Invesco WLR Investment Consulting Company, where he was CEO. Previously, Mr. Shen was a Managing Director at CLP Holdings Limited and Executive Director/COO of China Resources Power Holdings Co., Ltd.
In his role as head of Hudson's China operations, Mr. Shen will lead the firm's strategic positioning in the country. Hudson is in the process of opening an office in Beijing.
"Hudson's reputation as a leading investor in the clean energy sector provides a strong foundation for expansion in China," said Mr. Shen. "As the world's clean energy markets become increasingly interconnected, Hudson's global investment perspective can best harness China's manufacturing prowess for the international markets – while deploying promising foreign technologies in China's enormous domestic market."
Mr. Shen received a B.S. in Chemistry and an LLM from Beijing University, an MA from the University of Tennessee, and an EMBA from Guanghua School of Management, Beijing University.
This statement does not constitute an offer of sale, or a solicitation of investors or purchasers, in respect of the securities of any person in any jurisdiction.
About Hudson Clean Energy Partners
Hudson Clean Energy Partners is a private equity firm that invests in the dynamic and fast-growing clean energy market. Hudson invests in companies focused on renewable power, alternative fuels, and energy efficiency and services. Hudson's investment strategy focuses on high-growth, asset-based, capital-intensive segments of the clean energy value chain using commercialized technologies to extract energy from wind, solar, geothermal, hydroelectric, biomass and other renewable sources. Further information about Hudson can be found at www.HudsonCEP.com.
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